# What is Risk Assessment in HR Software?

Risk assessment evaluates data security, compliance, and vendor stability before purchase.

Source: https://faqtic.co/glossary/hr-software-risk-assessment

## Why it Matters for SMEs

- Reduces risk
- Builds trust
- Ensures compliance

## Example in Practice

SMEs assess Factorial’s security certifications.

## Frequently Asked Questions

### Why assess?

To avoid vendor risks.

### Key risks?

Data, compliance, uptime.

### Factorial safe?

Yes, ISO/GDPR certified.

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Canonical HTML: https://faqtic.co/glossary/hr-software-risk-assessment